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Tesla in ‘Code Red Situation’ as Sell-Off Exceeds 20%

gnome

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Which means that $700 might be a tame call.
Another $50 to go to $700...9 trading days left til inclusion.
Over 50% gainer in a couple of weeks.
Expecting some choppy trading.
Above $700, I start taking money off the table...wouldn't be shocked to see $1000.
P/E over 1200
This is nuts.

Screen Shot 2020-12-07 at 6.06.03 PM.png
 

Zed

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Voodoo

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Another $50 to go to $700...9 trading days left til inclusion.
Over 50% gainer in a couple of weeks.
Expecting some choppy trading.
Above $700, I start taking money off the table...wouldn't be shocked to see $1000.
P/E over 1200
This is nuts.

View attachment 191908
It's going strong but this seems to be all mechanical front running and doesn't have the momentum. Going to be tough to time and some real volatility. Throw in the election stuff and boy howdy people could be annihilated in the near future.
 

gnome

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It's going strong but this seems to be all mechanical front running and doesn't have the momentum. Going to be tough to time and some real volatility. Throw in the election stuff and boy howdy people could be annihilated in the near future.
I sure hope someone gets annihilated - just not me!

 

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I sure hope someone gets annihilated - just not me!

TSLA should be a "tech-wreck" style buying opportunity in a year or so. ---> JMO etc.
 

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Several million kids buying a fraction of a TSLA share on RobinHood with no brokerage can't be wrong!



..... or can they?

 

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Meanwhile $750 is the first TSLA target and $1014 is the next if we break upward from that level. Outside chance but... it is there!
 

gnome

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TSLA should be a "tech-wreck" style buying opportunity in a year or so. ---> JMO etc.
The company is fundamentally sound - Q4 numbers will be best ever...again.
2020 will see 50-100% growth in sales with improving margins.

It's just the expectations are absurdly high...like Elon will deliver flying taxis in 2025.
Everything has to go perfectly for the next 10 years and it won't.
 

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It's just the expectations are absurdly high...like Elon will deliver flying taxis in 2025.
This is my thing with TLSA... I'm sure that in the end, @ least for a good while, they will be one of the leading electric car makers. I'm equally sure that the likes of VW Group, BMW etc will be right there with them.

I will also bet that there are going to be disruptive leaps in battery technology and maybe motors. While control systems will be polished to a high shine and available "off the shelf" like airbags are.

That's my nutshell outlook.

I can't see the "TLSA's going to be the biggest company in the WORLD" view that a friend of mine has.

Maybe... but not a bet I will take now and @ these prices.
 

gnome

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This is my thing with TLSA... I'm sure that in the end, @ least for a good while, they will be one of the leading electric car makers. I'm equally sure that the likes of VW Group, BMW etc will be right there with them.

I will also bet that there are going to be disruptive leaps in battery technology and maybe motors. While control systems will be polished to a high shine and available "off the shelf" like airbags are.

That's my nutshell outlook.

I can't see the "TLSA's going to be the biggest company in the WORLD" view that a friend of mine has.

Maybe... but not a bet I will take now and @ these prices.
They could be the biggest company in the world by christmas bahahahaha

Or this might be me at the christmas party

 

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They could be the biggest company in the world by christmas bahahahaha

Or this might be me at the christmas party

Breaking - SpaceX new green shuttle project!


LOL....


Sorry Elon but the whole "hot cat girl robot" concept has me worried about your evil genius.
 

Zed

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Think you missed the election thread. Anyway. Digital adjudication means...? They went in and changed the votes because they are interpreting a "hanging chad" type situation? LOLOLOLOLOL. Of course they did.
Actually I missed my thread! Too many tabs open!
 

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Breaking - SpaceX new green shuttle project!


LOL....


Sorry Elon but the whole "hot cat girl robot" concept has me worried about your evil genius.
Get me the F off this ride. NOW.
 

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Meanwhile $750 is the first TSLA target and $1014 is the next if we break upward from that level. Outside chance but... it is there!
Target via what? I was trying to chart some potential spots but it wasn't real clear. Fibonacci projections?
 

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gnome

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Dropped $5B of dilution and closes up for the day.

 

Zed

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Target via what? I was trying to chart some potential spots but it wasn't real clear. Fibonacci projections?
Yes, from the big lows. You could argue that it is an iffy projection but it is the best I have got on this one.
 

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Rob Arnott talking TSLA on the site that cannot be mentioned!
 

EO 11110

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Buck

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congratulations Texas, you folks landed Elon

i'd like everyone to send a hearty Thank You note to Governor Gavin for his ability to push wealthy business' away from the 'Gold-Plated-Tungsten' State

snicker, GG is one of the worst, hiding behind his coiffed hair and hypocritical character and being a part of the club who owns the national MSM he's gotten away with murder while the light is being turned on in these other States...

hey, GG, your time will come, justice will be served and you'll be on the docket

POTUS Trump, met GG, in person, several times

GG, Trump knows all about you...............................

and once again, I Salute You, Texas, your state politicians are able to do, at least the basic things, properly





come on earthquake

:summer:
 

gnome

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they are going to buy gm and ford with the proceeds :)
I think they are near $20B cash on hand now.
Besides retiring debt, they are probably going to buy SOMETHING.
Debateable whether they want the baggage that would come with a legacy automaker.
Maybe a battery startup, nickel or lithium miner. They could outright buy ALB, largest lithium producer.
 

Casey Jones

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congratulations Texas, you folks landed Elon
That's like a Trojan Horse.

It's not a coup and it's not a gift. It's an infestation.
 

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That's like a Trojan Horse.

It's not a coup and it's not a gift. It's an infestation.
Kill it with fire. Preferably a battery pack ignition in this case, perhaps with some added Flamethrower.
 

Buck

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That's like a Trojan Horse.

It's not a coup and it's not a gift. It's an infestation.
that all depends on the vig Texas gives him, you know, 'for the move' because it's going to 'be good for Texas', and if you really examine that last, it's so nebulous, it means so much, much of it is not distinct, we're left to fill in the blanks

good for 'them', certainly, good for the citizens? like mostly all the other times, we get the mixed bag....and the bill
 

Casey Jones

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Neither the product nor the people are worth attracting, IMO.

The product is a sham and a scam.

The people...Elon the Musk and his parade of True Believers...every damn ONE of them, you can bet, are Hard-Left Snowflakes. Others would never have gotten hired.

I've watched Texas change, from when I lived there in 1981-82. The cities have gone Leftist; and Austin most of all. Remember the Dan Blather fake letter? As Rush Limbaugh said, during the expose of that 1973 letter done with Word, as demonstrated by conservative bloggers...he said, "All roads lead to Travis County." Mary Mapes among them...and let us not forget, Blather himself came from Austin. A teacher who wormed his way into television and was promoted four levels above his competence.

But that's the dynamic, and the crisis, of Texas today. Industrial development is good, and welcome - the San Antonio Toyota truck plant is a good thing, even if some of the Japanese quality didn't get transplanted (issues with truck frames). But Elon and his clown car, are another matter.
 

Casey Jones

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I think they are near $20B cash on hand now.
Besides retiring debt, they are probably going to buy SOMETHING.
Debateable whether they want the baggage that would come with a legacy automaker.
Maybe a battery startup, nickel or lithium miner. They could outright buy ALB, largest lithium producer.
I'll bet they could buy Harley-Davidson with that.

It would fit perfectly with Musky's (lack of) business strategy.
 

Buck

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I'll bet they could buy Harley-Davidson with that.

It would fit perfectly with Musky's (lack of) business strategy.
but he does know 'how to scale a business'

first you take the subsidy, then you take the free land, then you take the subsidy, then you take the cheap labor, then you take the subsidy, then you take the tax break

then you buy out another business, then you expand another business, then you take the subsidy, then you move
 

Casey Jones

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but he does know 'how to scale a business'

first you take the subsidy, then you take the free land, then you take the subsidy, then you take the cheap labor, then you take the subsidy, then you take the tax break

then you buy out another business, then you expand another business, then you take the subsidy, then you move
Yup.

That's how to get rich in the age of Corporate Cronyism.

Producing an actual useful product, is optional.

Producing profit for investors, is absolutely gauche.
 

gnome

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What people don't get about Tesla is how fast they are expanding production capacity with very low capex.
Their operating expenses are not increasing, despite vehicle production growing at 50-100% per year.
They already have some of the best vehicle margins in the auto industry and the margins are improving as they scale.
All about "building the machine that builds the machine."
 

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What people don't get about Tesla is how fast they are expanding production capacity with very low capex.
Their operating expenses are not increasing, despite vehicle production growing at 50-100% per year.
They already have some of the best vehicle margins in the auto industry and the margins are improving as they scale.
All about "building the machine that builds the machine."
None of that production is going to be needed unless the Commies get their way and ban ICE's.
 

gnome

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None of that production is going to be needed unless the Commies get their way and ban ICE's.
That's the risk.
But since operating expenses have been decreasing for three years in a row and vehicle margins are improving, they still turn a profit whether they stay at a half-million cars per year (2020 number) or hit one-million cars per year in 2021.

tesla-quarterly-operating-expenses.jpg

tesla-quarterly-operating-expenses-vs-revenue.jpg
 

gnome

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im-272833.png
 

Voodoo

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I hope Elon has more financial engineering to come cause his cars are getting smoked...

https://www.zerohedge.com/markets/e...t-luxury-ev-and-vastly-superior-tesla-model-y

On Twitter, Edmunds said Ford "pulled it off" and admitted they were apprehensive on the idea to turn the Mustang into an EV at first. They also said that the Mach-E "really scored" over Tesla's Model Y in handling, calling Ford's EV "vastly superior":